BDCM-B-Week14-Tax: Real Property Gains Tax Act 1976 Summary
On today's topic, we are going to share a table that able to refer of the percentage tax towards the sale of properties.
Source: Link
Category of Disposal
|
Rate of Tax
|
Individual
|
|
Within 3 years after purchased
|
30%
|
4th year
|
20%
|
5th year
|
15%
|
6th year and beyond
|
5%
|
Company
|
|
Within 3 years after purchased
|
30%
|
4th year
|
20%
|
5th year
|
15%
|
6th year and beyond
|
10%
|
Not Malaysian nor Permanent Citizen
|
|
Within 5 years after purchased
|
30%
|
6th year and beyond
|
10%
|
Source: Link
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